According to the company’s CEO, Cognitive Space has secured $4 million in the seed funding for its artificial intelligence-centered software for managing imaging satellite constellations. Grit Ventures led the investment round for the Houston-centered startup, which also included Techstars, Argon Ventures, SpaceFund, and other investors.
United States national security agencies are using the company’s software tools to prototype concepts like how data could be gathered from hybrid architectures of commercial and government imagery satellites, according to CEO Scott Herman. According to Herman, Cognitive Space has acquired unidentified business customers who operate remote sensing constellations.
At the Space Force Pitch Day event in August, the startup was awarded a $1.7 million contract. “We’re assisting them with concept creation for a hybrid space architecture, as well as assisting them in understanding how to make use of growing commercial capabilities,” Herman explained. The National Geospatial-Intelligence Agency’s business accelerator chose Cognitive Space this fall.
The company’s software was utilized to facilitate data collection across over 400 satellites from upwards of 12 different suppliers in a recent test with intelligence and military agencies, he said.
These collection management tools, according to Herman, an ex-BlackSky and DigitalGlobe executive, could be difference-makers for government agencies that have traditionally worked with a small number of the commercial satellite imagery suppliers. “This is a completely new way of thinking about how the government will be able to make use of all of these developing business capabilities,” he said. “The United States government must determine how it will interact with new kinds of capabilities.” As a result, we’re assisting with some of the prototypes.”
Clients from the business Earth observation industry who are building future constellations or seeking ways to effectively monetize existing satellites are also being courted by Cognitive Space. “For new space enterprises, building out the requisite ‘ground architecture’ is a huge obstacle,” Herman added. Artificial intelligence (AI) solutions can assist them in determining where to put their satellites in order to optimize income as well as how to manage data collecting once they are in orbit.
According to Cognitive Space, they can track a changing globe, protect national interests, offer real-time communications, and allow a web of globally connected gadgets by using space. It also provides a way for human civilization to expand beyond the planet’s boundaries.
The old approach of managing satellites separately will not suffice for the ambition of space to attain its full potential; they must be choreographed at scale. Cognitive Space will organize this new space domain by combining modern AI, blockchain technology, and cloud to bring about the world we imagine.